On September 11, 2026, SPS Commerce announced it is in negotiations for a potential acquisition by private equity firm GTCR. Analysts suggest a buyout price near $94 per share, indicating a strong likelihood of a deal materializing. This acquisition could unlock significant shareholder value, given SPS Commerce's robust market position and growth potential.
Company Information
Company
GTCR
About
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders StrategyTM - finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $20 billion in over 250 companies. For more information, please visit www.gtcr.com. Follow GTCR on LinkedIn.
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70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired SPS Commerce?
SPS Commerce was acquired by GTCR. The deal was reported on September 11, 2026. GTCR is privately held and operates in Financial Services.
When did GTCR acquire SPS Commerce?
GTCR's acquisition of SPS Commerce was reported on September 11, 2026. On September 11, 2026, SPS Commerce announced it is in negotiations for a potential acquisition by private equity firm GTCR. Analysts suggest a buyout price near $94 per share, indicating a strong likelihood of a deal materializing. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SPS Commerce do?
SPS Commerce is the world’s leading retail network, connecting trading partners around the globe to optimize supply chain operations for all retail partners. It is publicly traded (SPSC), operating in Information Technology, and is based in Minneapolis.
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